A company purchased factory equipment on June 1, 2017, for $194000. It is estimated that...
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Accounting
A company purchased factory equipment on June 1, 2017, for $194000. It is estimated that the equipment will have a $14000 salvage value at the end of its 10 -year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31,2017 , is $7500 $18000 $9000 $10500
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